My goal is to have enough to retire at 40. I have 11 years to go (I'm 29) as of the past 15th. To be clear, I don't plan on retiring, maybe ever, but I want to have enough to just quit one day if I decide to.
This will be a multi-part question because there is no easy way to ask this.
So far, my strategy has been as follows
- 6% of pre tax income into my 401(k) and company adds 3%
- Save (and invest into ETFs and rental properties) 18% of my annual income
- Reduce living expenses (mortgages included) down to 40% of annual income
So my questions are
- Does it make sense to invest more into my 401(k) beyond what my company will match?
- Are ETFs a bad choice for short term aggressive growth? I can't seem to find any information on this.
- Are there any resources you can point me toward that provide realistic early retirement options?
Before anyone asks the other 36% of my income is discretionary spending (29%) and rental repairs (7%)